VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Holdings Lifted by LPL Financial LLC

LPL Financial LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 97.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 716,137 shares of the company’s stock after buying an additional 354,102 shares during the period. LPL Financial LLC owned 3.74% of VictoryShares Short-Term Bond ETF worth $35,950,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in USTB. Fifth Third Bancorp bought a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at approximately $155,000. Axis Wealth Partners LLC bought a new position in VictoryShares Short-Term Bond ETF during the 4th quarter valued at $205,000. Avantax Advisory Services Inc. increased its position in shares of VictoryShares Short-Term Bond ETF by 11.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 4,773 shares of the company’s stock valued at $240,000 after purchasing an additional 492 shares during the period. Janney Montgomery Scott LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 4th quarter worth $294,000. Finally, Octavia Wealth Advisors LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 37.9% in the fourth quarter. Octavia Wealth Advisors LLC now owns 5,985 shares of the company’s stock valued at $300,000 after buying an additional 1,645 shares during the period.

VictoryShares Short-Term Bond ETF Stock Up 0.1 %

NASDAQ:USTB opened at $50.64 on Friday. The business’s 50-day moving average price is $50.47 and its 200 day moving average price is $50.43. VictoryShares Short-Term Bond ETF has a 52-week low of $49.29 and a 52-week high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were paid a $0.193 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.19.

About VictoryShares Short-Term Bond ETF

The Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three years or less. USTB was launched on Oct 24, 2017 and is managed by VictoryShares.